Join Dstockmarket's Community - Daily Market Analysis, Individual Stock Analysis.

Join Dstockmarket Telegram Group

Join Dstockmarket Facebook Page

Stock Market Analysis And Stocks To Watch 4th Week October 2019

We begin with another week of trading. Last week we had a somewhat sideways trading in the US market. Let's see what this week brings us.

Wednesday 23 October 2019

With the S&P 500 trading very near to all time highs, we are actually running into resistance area. Therefore, one should expect some choppy trading ahead in the next few days to a week.

However, we should still remain bullish on the US market especially now that we are slowly heading into November. The S&P 500 is forming a large ascending triangle which is a bullish continuation pattern. As long as it stays above the lower trend line we should continue to be bullish.

If the S&P 500 can trade above the top of the pattern then we will experience a breakout that might send the markets higher.

Tuesday 22 October 2019

Monday 21 October 2019

  • Help support this page and press the Facebook Like button below. Thanks!

Join Dstockmarket's Facebook Page 

Recent Articles

  1. US Stock Market Analysis February 2020

    Feb 21, 20 08:15 AM

    My analysis of the US stock market for the month of February. Updated almost daily.

    Read More

  2. Technical Analysis Of Frontken

    Feb 21, 20 08:11 AM

    Technical outlook for Frontken's stock price and stock chart.

    Read More

  3. Technical Analysis Of OKA Corporation

    Feb 21, 20 08:08 AM

    A technical analysis of OKA Corporation's stock chart. Is the stock in an uptrend or downtrend and what should you do about it.

    Read More

  4. KLCI Analysis For The Month Of February 2020

    Feb 21, 20 08:06 AM

    Here is the analysis for the Malaysian stock market for the month of February 2020. Updated almost daily.

    Read More

  5. Technical Analysis Of MMS Ventures

    Feb 12, 20 11:00 AM

    Technical outlook of MMS Ventures.

    Read More

New! Comments

Have your say about what you just read! Leave me a comment in the box below.